A&O advising ICG on the financing of the combination of Konecta and Comdata
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Allen & Overy advised Intermediate Capital Group (ICG) on its financing in respect of the combination of Konecta and Comdata, which will be implemented through a newly created investment company, KronosNet. The transaction will create a global leader in customer experience (CX) and business process outsourcing (BPO).
The London team was led by leveraged finance partner Neil Sinha and senior associate Xinni Lim, with associates Alex George and Harry Rouse and trainee Rhea Variava. The Madrid team was led by finance partner Juan Hormaechea and senior associate Sara Sanz with associate Marina Jimenez.
A Madrid-based cross-practice A&O team also advised on the M&A aspects of the combination, led by partner Ignacio Hornedo, with senior associates Patricia Figueroa and Andrés Mochales, and associate José Mollinedo.